** Telecom provider AT&T T.N on Wednesday exceeded quarterly estimates for wireless subscriber additions, helped by demand for its lower-cost unlimited plans and bundled wireless-broadband packages that appealed to budget-conscious consumers

** Median PT of 28 brokerages covering the stock is $28 — LSEG-compiled data

STRONG SIGNAL

** Morgan Stanley ("overweight," PT: $27) says AT&T is performing well in a competitive telecom market, and that concerns about satellite services posing a threat to its wireless business are overblown

** BofA Global Research ("buy," PO: $34) says better-than-expected postpaid phone and fiber subscriber additions point to strong momentum into the second half of 2026, as AT&T continues integrating the underpenetrated Lumen fiber business assets

** Raymond James ("strong buy," PT: $33) says it expects strong full-year results as the company continues using its range of products to enhance customer connectivity and meet its strategic goals

** Barclays ("neutral," PT: $24) says AT&T continues to execute well and successfully balance volumes, margins and cash flow, despite wireless competitive intensity

** "However, volume visibility and industry rationality is needed to sustain this path, while satellite headline risk remains difficult to disprove" - Barclays